Who's gonna win?

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hanelyp
Posts: 2261
Joined: Fri Oct 26, 2007 8:50 pm

Post by hanelyp »

paperburn1 wrote:Orders can include funding and then require a supermajoity by congress to remove funding to check it.
You clearly are unfamiliar with the US constitution. The Executive is not empowered to spend one cent of tax money without congressional approval. The founders learned the lesson of Julius Caesar well.

hanelyp
Posts: 2261
Joined: Fri Oct 26, 2007 8:50 pm

Post by hanelyp »

Diogenes wrote:I don't think we are going to survive this.
I fear you are correct. We're likely to see welfare riots when the parasite class has a forced reduction in standard of living, because the producers have fled or given up.

GIThruster
Posts: 4686
Joined: Tue May 25, 2010 8:17 pm

Post by GIThruster »

Well take Greece as your illustration. When the people were told their pensions would be cut, people went out and burned bankers alive out of frustration. It's not as if the bankers were to blame. It was the politicians who made the false promises. Still, anyone paying attention would have known the people were being lied to.

We can expect the same kinds of violence here, and more.
"Courage is not just a virtue, but the form of every virtue at the testing point." C. S. Lewis

paperburn1
Posts: 2488
Joined: Fri Jun 19, 2009 5:53 am
Location: Third rock from the sun.

Post by paperburn1 »

hanelyp wrote:
paperburn1 wrote:Orders can include funding and then require a supermajoity by congress to remove funding to check it.
You clearly are unfamiliar with the US constitution. The Executive is not empowered to spend one cent of tax money without congressional approval. The founders learned the lesson of Julius Caesar well.
Article II, Section 1, Clause 1 of the Constitution, and furthered by the declaration "take Care that the Laws be faithfully executed" made in Article II, Section 3, Clause 5. Most Executive Orders use these Constitutional reasonings as the authorization allowing for their issuance to be justified as part of the President's sworn duties. This includes authorizing agencies to spend federal funds to complete the the order
what you are referring to is after FDR, executive orders are not allowed to start funded agency's from inception. But clearly the can use existing agency's funding to accomplish an order. As per example many of the hud orders so in concept you are correct but thereality is they have funds available. IMHO

KitemanSA
Posts: 6188
Joined: Sun Sep 28, 2008 3:05 pm
Location: OlyPen WA

Post by KitemanSA »

KitemanSA wrote:I predict the American people will lose either way!
Told ya so!

GIThruster
Posts: 4686
Joined: Tue May 25, 2010 8:17 pm

Post by GIThruster »

I don't watch TV. In fact, mine is not even hooked up to pick up radio broadcasts. I use it for DVD's only. I get most of my news from Huffington Post. However, when you want a real reporting of the news the main media is censoring from you, you need to go to Fox.

http://video.foxnews.com/v/195508404900 ... 3226511001

Interesting how the various news services are handling this. Many are not covering it. Some are deliberately misleading. CBS says this is the first violent outbreak in Greece in years, when in fact this is the 3rd time in the last year. Last December, last February and now we have people throwing firebombs, burning people alive, police out in riot gear with tear gas. Last night when the current round of austerity measures was passed in order for Greece to get its bail-out funds from the EU, 80,000 people took to the streets in protest. Their retirement age is now 67 instead of 50. Taxes have been raised again. Pensions have been cut. Unemployment is at twice the rate of the rest of Europe, increasing by 38% from what it was a year ago. The state just does not have the money to pay its bills and without the austerity measures, no bailout.

Note what extremes the Greeks are forced into to get the 40B Euros bail-out. When this happens in the US, there will not be enough money in all the world for a bail-out.

This is where the US is headed as we continue to add entitlements. I am shocked though, that the press is failing to report, or deliberately misreporting these events. For example, CNN is reporting the riots with a single line that there are 70,000 people protesting and a single photo of some tear gas. No mention or note that people have lofted hundreds of firebombs at banks, store fronts, the police and each other. NPR isn't reporting the violence at all, but rather has an analysis of the financial situation instead--as if people in democracies firebombing their cities, police and each other because their entitlements are being taken away is not newsworthy. . .another example of just how bad NPR really is.
"Courage is not just a virtue, but the form of every virtue at the testing point." C. S. Lewis

choff
Posts: 2447
Joined: Thu Nov 08, 2007 5:02 am
Location: Vancouver, Canada

Post by choff »

I've been watching the UK column for news out of Britain lately, while I don't always agree with them, they're reporting some shocking stuff about elite peodophile rings that might blow the lid off.

As for the financial cliff in the US, been reading IMF Wp 12202 'The Chicago Plan'. There are variants on it, since the one they propose is being turned out by kleptobankers I'm a little suspicious, other versions would let the big banks fail.
CHoff

Teahive
Posts: 362
Joined: Mon Dec 06, 2010 10:09 pm

Post by Teahive »

Greece has never had a particularly strong economy, but they have the added problem of not being in control of their currency.


choff,
That paper is quite interesting, and somewhat unexpected coming from the IMF.

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